Iridium Communications Dividend
Dividend criteria checks 2/6
Iridium Communications is a dividend paying company with a current yield of 2.21%.
Key information
2.2%
Dividend yield
256%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.21 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Iridium Communications (NASDAQ:IRDM) Is Increasing Its Dividend To $0.14
May 28
Iridium Communications (NASDAQ:IRDM) Might Have The Makings Of A Multi-Bagger
May 25Iridium Communications Is A Momentum Buy On Forward Growth Potential
Apr 25Iridium Communications (NASDAQ:IRDM) Has A Pretty Healthy Balance Sheet
Mar 24Iridium Communications Is Nearing Buy Territory
Feb 26Solid Earnings Reflect Iridium Communications' (NASDAQ:IRDM) Strength As A Business
Feb 22Some Shareholders Feeling Restless Over Iridium Communications Inc.'s (NASDAQ:IRDM) P/S Ratio
Feb 05We Like These Underlying Return On Capital Trends At Iridium Communications (NASDAQ:IRDM)
Jan 21Is Iridium Communications Inc. (NASDAQ:IRDM) Potentially Undervalued?
Jan 05Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
Dec 04Iridium Communications (NASDAQ:IRDM) Will Be Hoping To Turn Its Returns On Capital Around
Oct 02Is Iridium Communications (NASDAQ:IRDM) Using Too Much Debt?
Sep 05At US$60.97, Is It Time To Put Iridium Communications Inc. (NASDAQ:IRDM) On Your Watch List?
Jul 24Iridium Communications (NASDAQ:IRDM) Has More To Do To Multiply In Value Going Forward
Jun 08Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
May 24Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)
May 05Should You Think About Buying Iridium Communications Inc. (NASDAQ:IRDM) Now?
Apr 17Shareholders Will Be Pleased With The Quality of Iridium Communications' (NASDAQ:IRDM) Earnings
Feb 23Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
Feb 09Estimating The Intrinsic Value Of Iridium Communications Inc. (NASDAQ:IRDM)
Jan 18Iridium Communications' (NASDAQ:IRDM) Returns On Capital Not Reflecting Well On The Business
Dec 06Iridium Communications Q3 2022 Earnings Preview
Oct 19Here's Why Iridium Communications (NASDAQ:IRDM) Can Manage Its Debt Responsibly
Oct 17Iridium Communications Inc. (NASDAQ:IRDM) Shares Could Be 50% Below Their Intrinsic Value Estimate
Sep 29Iridium announces ninth SpaceX launch
Sep 08Capital Allocation Trends At Iridium Communications (NASDAQ:IRDM) Aren't Ideal
Sep 04Iridium Communications: A Great Company At A Fair Price
Aug 03Iridium Communications Q2 2022 Earnings Preview
Jul 25Does Iridium Communications (NASDAQ:IRDM) Have A Healthy Balance Sheet?
Jul 16Iridium Communications' (NASDAQ:IRDM) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IRDM has been paying a dividend for less than 10 years.
Growing Dividend: IRDM's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Iridium Communications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IRDM) | 2.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Telecom) | 6.2% |
| Analyst forecast in 3 Years (IRDM) | 2.5% |
Notable Dividend: IRDM's dividend (2.21%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: IRDM's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (256.2%), IRDM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27%), IRDM's dividend payments are well covered by cash flows.